Advertisement
Singapore markets closed

  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • Dow

    38,503.69
    +263.71 (+0.69%)
     

  • Nasdaq

    15,696.64
    +245.33 (+1.59%)
     

  • Bitcoin USD

    66,388.81
    +271.58 (+0.41%)
     

  • CMC Crypto 200

    1,434.89
    +10.79 (+0.76%)
     

  • FTSE 100

    8,084.43
    +39.62 (+0.49%)
     

  • Gold

    2,328.00
    -14.10 (-0.60%)
     

  • Crude Oil

    82.72
    -0.64 (-0.77%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     

  • Jakarta Composite Index

    7,174.53
    +63.72 (+0.90%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Hungary extends loan moratorium for some borrowers until mid 2021 - Orban

Reuters
·1-min read
A worker is seen at the construction site of a building in Budapest

BUDAPEST (Reuters) - Hungary has decided to extend a moratorium on loan repayments for targeted groups of households and also for some companies until the middle of 2021, Prime Minister Viktor Orban said in a video posted on his official Facebook page on Saturday.

Orban said families with children, retired borrowers, unemployed and those in public works programmes will have the moratorium on their loans extended by six months. Companies that have seen revenue drop by 25% can also get an extension of the moratorium on their loan repayments until mid-2021.

(Reporting by Krisztina Than; Editing by David Clarke)